Sold!

Stunning Havelock North Motel Business

Property Details

  • Property Name: Stunning Havelock North Motel Business
  • Address: 21 Porter Drive, Havelock North 4130
  • Property Type: Business
  • Price: $1,450,000
  • Region: Hawkes Bay
  • Listing: HC00069

About this Business for sale in Hawkes Bay

Stunning Havelock North Motel Business

Te Mata Lodge, Havelock North

Introducing Te Mata Lodge Motel, a truly stunning example of a quality motel in every respect!!  Situated in one of New Zealand’s most vibrant and desirable locations – Te Mata Lodge offers the new owners of this business an enviable lifestyle in the very popular village of Havelock North!

Presented in pristine condition – the existing owners have paid special attention to the up-keep of the motel – with regular expenditure on items such as new beds, new carpet throughout the motel etc….

After 20 years in the industry it is time for the existing owners to move on – they leave a motel business with the very best processes and procedures, making for a seamless transition.

Call me today to find out a little more about the stunning performance and profitability of the Te Mata Lodge Motel

Key Features

  • Two storey complex with 20 spacious units
  • 22 year lease
  • Super impressive bottom-line income with commanding tariffs
  • Modern appeal & low maintenance
  • Excellent, spacious, modern, 3 bedroom owner’s accommodation
  • Located in Havelock North Village
  • All units newly carpeted and with air conditioning

Room Configuration:

  • The 20 spacious units all have kitchen/cooking facilities, air conditioning
  • The rooms are presented in very good condition with well-maintained and upgraded chattels
  • 10 x studio all with spa baths
  • 8 x 1 bedroom units
  • 2 x 2 bedroom units

Owner’s Accommodation:
The owners accommodation is set on two levels and offers an excellent family sized property with 3 x bedrooms, 1 x bathroom coupled with a separate WC as well as an open plan living / dining arrangement. To complete this well appointed home is single garage parking and air conditioning.